{"id":1647,"date":"2017-03-19T18:54:42","date_gmt":"2017-03-19T17:54:42","guid":{"rendered":"http:\/\/en.advancedfleetmanagementconsulting.com\/?p=1647"},"modified":"2017-03-19T18:54:42","modified_gmt":"2017-03-19T17:54:42","slug":"2017-consumer-trends-of-third-party-logistics-big-data-rises","status":"publish","type":"post","link":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/2017\/03\/19\/2017-consumer-trends-of-third-party-logistics-big-data-rises\/","title":{"rendered":"2017 Consumer Trends of Third Party Logistics: Big Data Rises"},"content":{"rendered":"

\"2017<\/a>2017 Consumer Trends of Third Party Logistics: Big Data Rises<\/strong><\/span><\/p>\n

The prospects of the use of big data<\/a><\/strong><\/span> and information technology<\/a><\/strong><\/span> (IT) capacities -for instance, in optimization software<\/a><\/strong><\/span>– has become more important than ever for supply chain managers and their customers<\/strong>, according to a latest third party logistics<\/strong><\/span><\/a> (3PL) report.<\/p>\n

The use of big data in the supply chain industry<\/a><\/strong><\/span> -especially with\u00a0third party logistics providers, is an increasing trend. Good fleet management<\/a><\/strong><\/span> systems and expertise can transform an otherwise inconclusive mass amount of information into trends and indicators which can help in decision making, both in a strategic planning and day-to-day issues.<\/p>\n

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The main goal of this course is to provide the knowledge and the skills to manage any kind of vehicle fleet through all its activities and key aspects.\u00a0The course is aimed to executives, middle managers, fleet managers and any professional related to fleet management.<\/p>\n

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According to Louis Columbus, contributor to\u00a0 Forbes Magazine<\/strong><\/span>: <\/a>\u00a0\u201cBig data is providing supplier networks with greater data accuracy, clarity, and insights, leading to more contextual intelligence shared across supply chains.\u201d<\/p>\n

That is why the 21st\u00a0\u00a0Annual 2017 Third Party Logistics Study<\/a><\/strong><\/span> shows significant trends of what customers expect from third-party logistics providers. One significant trend is the importance of quality data in transportation & logistics to align performance.<\/p>\n

The role and investment in technology used by 3PLs are critical, according to Supply Chain 24\/7<\/a><\/strong><\/span>. \u201cNot surprisingly, technology continues to increase in importance and the role it plays.\u201d<\/p>\n

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According to the report, \u201cshippers are shifting more decision-making power to 3PLs that are leveraging technology innovations to optimize supply chain processes.\u201d<\/p>\n<\/blockquote>\n

For Supply Chain 24\/7<\/strong><\/span>,<\/a> 98% 3PL\u2019s indicate that improved, data-driven decision-making is essential to the future success of supply chain activities and processes, which was supported by 93% of shippers.<\/p>\n

Penske<\/a><\/strong> <\/span>Senior Vice President, Engineering and Technology, Tom McKenna said: \u201cThere is now less of a technical concern in regards to big data in terms of collecting, capturing\u2026and storing that data,\u201d<\/strong><\/p>\n

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\u201cPlatforms are out there today for that. Three years ago, we were still struggling a bit with the architecture for the technical aspects, but now the movement has really shifted to what can be done with it, and there is more of a focus on that.\u201d<\/p>\n<\/blockquote>\n

The IT Gap for transportation and logistics closes in.<\/h3>\n

For any supplier or transportation company, the first use of unknown information technologies could look menacing. The study defines this IT gap \u00a0as \u201cshipper\u2019s opinions on whether they feel information technologies are a necessary element of 3PL expertise and whether they are satisfied with their 3PL providers\u2019 IT capabilities.\u201d<\/strong><\/p>\n

However, respondents say that the need to freely share data contributes to success, but they still have privacy concerns, lack the necessary infrastructure for obtaining data and are worried about the usability of data.<\/strong><\/p>\n

Apart from this, the report suggests that complexities within the supply chain, especially surrounding capacity, or the cost of assets and changes in global infrastructure increase the importance of route optimization. <\/strong><\/p>\n

These \u201chave caused both shippers and providers to look at the entire network rather than focus on moving goods from point A to point B\u201d. <\/strong><\/p>\n